always we talk about fibonacci retracement and we know it can gives us good idea about the best key levels on the chart....
in same time i used to use stochastic to get that strong confirmation point to open or close postion...
and i found this stochastic retracement this level
0.9
0.5
0.2
0
-0.2
-0.5
-0.9
and it works with all time frame and pair's.............
stochastic sitting is (10,7,7)
====================================================================
this is some chart on different time frame
1 hour

4 hours

15 min

========================================
good luck
in same time i used to use stochastic to get that strong confirmation point to open or close postion...
and i found this stochastic retracement this level
0.9
0.5
0.2
0
-0.2
-0.5
-0.9
and it works with all time frame and pair's.............
stochastic sitting is (10,7,7)
====================================================================
this is some chart on different time frame
1 hour
4 hours
15 min
========================================
good luck
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.